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  Subjects -> BUSINESS AND ECONOMICS (Total: 3182 journals)
    - ACCOUNTING (97 journals)
    - BANKING AND FINANCE (270 journals)
    - BUSINESS AND ECONOMICS (1165 journals)
    - COOPERATIVES (4 journals)
    - ECONOMIC SCIENCES: GENERAL (175 journals)
    - HUMAN RESOURCES (95 journals)
    - INSURANCE (24 journals)
    - INTERNATIONAL COMMERCE (128 journals)
    - INVESTMENTS (27 journals)
    - MACROECONOMICS (15 journals)
    - MANAGEMENT (534 journals)
    - MARKETING AND PURCHASING (92 journals)
    - MICROECONOMICS (24 journals)
    - PUBLIC FINANCE, TAXATION (35 journals)

BUSINESS AND ECONOMICS (1165 journals)                  1 2 3 4 5 6 | Last

Showing 1 - 200 of 1566 Journals sorted alphabetically
4OR: A Quarterly Journal of Operations Research     Hybrid Journal   (Followers: 10)
Abacus     Hybrid Journal   (Followers: 13)
Accounting Forum     Hybrid Journal   (Followers: 25)
Acta Amazonica     Open Access   (Followers: 5)
Acta Commercii     Open Access   (Followers: 4)
Acta Oeconomica     Full-text available via subscription   (Followers: 2)
Acta Scientiarum. Human and Social Sciences     Open Access   (Followers: 7)
Acta Universitatis Danubius. Œconomica     Open Access   (Followers: 3)
Acta Universitatis Nicolai Copernici Zarządzanie     Open Access   (Followers: 4)
AD-minister     Open Access   (Followers: 3)
ADR Bulletin     Open Access   (Followers: 6)
Advances in Developing Human Resources     Hybrid Journal   (Followers: 23)
Advances in Economics and Business     Open Access   (Followers: 11)
AfricaGrowth Agenda     Full-text available via subscription   (Followers: 1)
African Affairs     Hybrid Journal   (Followers: 61)
African Development Review     Hybrid Journal   (Followers: 33)
African Journal of Business and Economic Research     Full-text available via subscription   (Followers: 3)
African Journal of Business Ethics     Open Access   (Followers: 6)
African Review of Economics and Finance     Open Access   (Followers: 3)
Afro-Asian Journal of Finance and Accounting     Hybrid Journal   (Followers: 7)
Afyon Kocatepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi     Open Access   (Followers: 3)
Agronomy     Open Access   (Followers: 11)
Akademika : Journal of Southeast Asia Social Sciences and Humanities     Open Access   (Followers: 6)
Alphanumeric Journal : The Journal of Operations Research, Statistics, Econometrics and Management Information Systems     Open Access   (Followers: 5)
American Economic Journal : Applied Economics     Full-text available via subscription   (Followers: 179)
American Journal of Business     Hybrid Journal   (Followers: 16)
American Journal of Business and Management     Open Access   (Followers: 53)
American Journal of Business Education     Open Access   (Followers: 10)
American Journal of Economics and Business Administration     Open Access   (Followers: 26)
American Journal of Economics and Sociology     Hybrid Journal   (Followers: 29)
American Journal of Evaluation     Hybrid Journal   (Followers: 14)
American Journal of Finance and Accounting     Hybrid Journal   (Followers: 21)
American Journal of Health Economics     Full-text available via subscription   (Followers: 13)
American Journal of Industrial and Business Management     Open Access   (Followers: 23)
American Journal of Medical Quality     Hybrid Journal   (Followers: 7)
American Law and Economics Review     Hybrid Journal   (Followers: 28)
ANALES de la Universidad Central del Ecuador     Open Access   (Followers: 2)
Annales de l'Institut Henri Poincare (C) Non Linear Analysis     Full-text available via subscription   (Followers: 1)
Annals in Social Responsibility     Full-text available via subscription  
Annals of Finance     Hybrid Journal   (Followers: 28)
Annals of Operations Research     Hybrid Journal   (Followers: 10)
Annual Review of Economics     Full-text available via subscription   (Followers: 32)
Applied Developmental Science     Hybrid Journal   (Followers: 3)
Applied Economics     Hybrid Journal   (Followers: 46)
Applied Economics Letters     Hybrid Journal   (Followers: 29)
Applied Economics Quarterly     Full-text available via subscription   (Followers: 10)
Applied Financial Economics     Hybrid Journal   (Followers: 24)
Applied Mathematical Finance     Hybrid Journal   (Followers: 7)
Applied Stochastic Models in Business and Industry     Hybrid Journal   (Followers: 5)
Arab Economic and Business Journal     Open Access   (Followers: 3)
Archives of Business Research     Open Access   (Followers: 6)
Arena Journal     Full-text available via subscription   (Followers: 1)
Argomenti. Rivista di economia, cultura e ricerca sociale     Open Access   (Followers: 3)
ASEAN Economic Bulletin     Full-text available via subscription   (Followers: 5)
Asia Pacific Business Review     Hybrid Journal   (Followers: 6)
Asia Pacific Journal of Human Resources     Hybrid Journal   (Followers: 327)
Asia Pacific Viewpoint     Hybrid Journal   (Followers: 1)
Asia-Pacific Journal of Business Administration     Hybrid Journal   (Followers: 3)
Asia-Pacific Journal of Operational Research     Hybrid Journal   (Followers: 3)
Asia-Pacific Management and Business Application     Open Access  
Asian Business Review     Open Access   (Followers: 2)
Asian Case Research Journal     Hybrid Journal   (Followers: 1)
Asian Development Review     Open Access   (Followers: 14)
Asian Economic Journal     Hybrid Journal   (Followers: 8)
Asian Economic Papers     Hybrid Journal   (Followers: 7)
Asian Economic Policy Review     Hybrid Journal   (Followers: 4)
Asian Journal of Accounting and Governance     Open Access   (Followers: 3)
Asian Journal of Business Ethics     Hybrid Journal   (Followers: 8)
Asian Journal of Social Sciences and Management Studies     Open Access   (Followers: 6)
Asian Journal of Sustainability and Social Responsibility     Open Access   (Followers: 1)
Asian Journal of Technology Innovation     Hybrid Journal   (Followers: 8)
Asian-pacific Economic Literature     Hybrid Journal   (Followers: 5)
AStA Wirtschafts- und Sozialstatistisches Archiv     Hybrid Journal   (Followers: 5)
Atlantic Economic Journal     Hybrid Journal   (Followers: 10)
Australasian Journal of Regional Studies, The     Full-text available via subscription   (Followers: 1)
Australian Cottongrower, The     Full-text available via subscription   (Followers: 1)
Australian Economic Papers     Hybrid Journal   (Followers: 31)
Australian Economic Review     Hybrid Journal   (Followers: 6)
Australian Journal of Maritime and Ocean Affairs     Hybrid Journal   (Followers: 9)
Balkan Region Conference on Engineering and Business Education     Open Access   (Followers: 1)
Baltic Journal of Real Estate Economics and Construction Management     Open Access   (Followers: 2)
Banks in Insurance Report     Hybrid Journal   (Followers: 1)
BBR - Brazilian Business Review     Open Access   (Followers: 4)
Benchmarking : An International Journal     Hybrid Journal   (Followers: 10)
Benefit : Jurnal Manajemen dan Bisnis     Open Access  
BER : Consumer Confidence Survey     Full-text available via subscription   (Followers: 4)
BER : Economic Prospects : An Executive Summary     Full-text available via subscription  
BER : Economic Prospects : Full Survey     Full-text available via subscription   (Followers: 2)
BER : Intermediate Goods Industries Survey     Full-text available via subscription   (Followers: 1)
BER : Manufacturing Survey : Full Survey     Full-text available via subscription   (Followers: 2)
BER : Motor Trade Survey     Full-text available via subscription   (Followers: 1)
BER : Retail Sector Survey     Full-text available via subscription   (Followers: 2)
BER : Retail Survey : Full Survey     Full-text available via subscription   (Followers: 2)
BER : Survey of Business Conditions in Building and Construction : An Executive Summary     Full-text available via subscription   (Followers: 4)
BER : Survey of Business Conditions in Manufacturing : An Executive Summary     Full-text available via subscription   (Followers: 3)
BER : Survey of Business Conditions in Retail : An Executive Summary     Full-text available via subscription   (Followers: 4)
BER : Trends : Full Survey     Full-text available via subscription   (Followers: 2)
BER : Wholesale Sector Survey     Full-text available via subscription   (Followers: 1)
Berkeley Business Law Journal     Free   (Followers: 10)
Bio-based and Applied Economics     Open Access   (Followers: 1)
Biodegradation     Hybrid Journal   (Followers: 1)
Biology Direct     Open Access   (Followers: 7)
Black Enterprise     Full-text available via subscription  
Board & Administrator for Administrators only     Hybrid Journal  
Border Crossing : Transnational Working Papers     Open Access   (Followers: 2)
Briefings in Real Estate Finance     Hybrid Journal   (Followers: 5)
British Journal of Industrial Relations     Hybrid Journal   (Followers: 34)
Brookings Papers on Economic Activity     Open Access   (Followers: 49)
Brookings Trade Forum     Full-text available via subscription   (Followers: 3)
BRQ Business Research Quarterly     Open Access   (Followers: 2)
Building Sustainable Legacies : The New Frontier Of Societal Value Co-Creation     Full-text available via subscription   (Followers: 1)
Bulletin of Economic Research     Hybrid Journal   (Followers: 17)
Bulletin of Geography. Socio-economic Series     Open Access   (Followers: 7)
Bulletin of Indonesian Economic Studies     Hybrid Journal   (Followers: 3)
Bulletin of the Dnipropetrovsk University. Series : Management of Innovations     Open Access   (Followers: 1)
Business & Entrepreneurship Journal     Open Access   (Followers: 18)
Business & Information Systems Engineering     Hybrid Journal   (Followers: 5)
Business & Society     Hybrid Journal   (Followers: 9)
Business : Theory and Practice / Verslas : Teorija ir Praktika     Open Access   (Followers: 1)
Business and Economic Research     Open Access   (Followers: 6)
Business and Management Horizons     Open Access   (Followers: 12)
Business and Management Research     Open Access   (Followers: 19)
Business and Management Studies     Open Access   (Followers: 10)
Business and Politics     Hybrid Journal   (Followers: 8)
Business and Professional Communication Quarterly     Hybrid Journal   (Followers: 7)
Business and Society Review     Hybrid Journal   (Followers: 5)
Business Economics     Hybrid Journal   (Followers: 8)
Business Ethics: A European Review     Hybrid Journal   (Followers: 17)
Business Horizons     Hybrid Journal   (Followers: 7)
Business Information Review     Hybrid Journal   (Followers: 14)
Business Management and Strategy     Open Access   (Followers: 43)
Business Research     Hybrid Journal   (Followers: 2)
Business Strategy and the Environment     Hybrid Journal   (Followers: 13)
Business Strategy Review     Hybrid Journal   (Followers: 7)
Business Strategy Series     Hybrid Journal   (Followers: 6)
Business Systems & Economics     Open Access   (Followers: 2)
Business Systems Research Journal     Open Access   (Followers: 5)
Business, Management and Education     Open Access   (Followers: 18)
Business, Peace and Sustainable Development     Full-text available via subscription   (Followers: 3)
Bustan     Hybrid Journal   (Followers: 1)
Cadernos EBAPE.BR     Open Access   (Followers: 1)
Cambridge Journal of Economics     Hybrid Journal   (Followers: 59)
Cambridge Journal of Regions, Economy and Society     Hybrid Journal   (Followers: 10)
Canadian Journal of Administrative Sciences / Revue Canadienne des Sciences de l Administration     Hybrid Journal   (Followers: 1)
Canadian Journal of Economics/Revue Canadienne d`Economique     Hybrid Journal   (Followers: 29)
Canadian journal of nonprofit and social economy research     Open Access   (Followers: 2)
Capitalism and Society     Hybrid Journal   (Followers: 2)
Capitalism Nature Socialism     Hybrid Journal   (Followers: 16)
Case Studies in Business and Management     Open Access   (Followers: 10)
CBU International Conference Proceedings     Open Access   (Followers: 1)
Central European Business Review     Open Access   (Followers: 1)
Central European Journal of Operations Research     Hybrid Journal   (Followers: 5)
Central European Journal of Public Policy     Open Access   (Followers: 2)
CESifo Economic Studies     Hybrid Journal   (Followers: 17)
Chain Reaction     Full-text available via subscription  
Challenge     Full-text available via subscription   (Followers: 4)
China & World Economy     Hybrid Journal   (Followers: 15)
China : An International Journal     Full-text available via subscription   (Followers: 19)
China Economic Journal: The Official Journal of the China Center for Economic Research (CCER) at Peking University     Hybrid Journal   (Followers: 12)
China Economic Review     Hybrid Journal   (Followers: 8)
China Finance Review International     Hybrid Journal   (Followers: 5)
China Nonprofit Review     Hybrid Journal   (Followers: 3)
China perspectives     Open Access   (Followers: 12)
Chinese Economy     Full-text available via subscription  
Ciência & Saúde Coletiva     Open Access   (Followers: 2)
CLIO América     Open Access   (Followers: 1)
Cliometrica     Hybrid Journal   (Followers: 4)
COEPTUM     Open Access  
Community Development Journal     Hybrid Journal   (Followers: 25)
Compensation & Benefits Review     Hybrid Journal   (Followers: 7)
Competition & Change     Hybrid Journal   (Followers: 10)
Competitive Intelligence Review     Hybrid Journal   (Followers: 2)
Competitiveness Review : An International Business Journal incorporating Journal of Global Competitiveness     Hybrid Journal   (Followers: 6)
Computational Economics     Hybrid Journal   (Followers: 9)
Computational Mathematics and Modeling     Hybrid Journal   (Followers: 8)
Computer Law & Security Review     Hybrid Journal   (Followers: 16)
Computers & Operations Research     Hybrid Journal   (Followers: 12)
Construction Innovation: Information, Process, Management     Hybrid Journal   (Followers: 14)
Contemporary Wales     Full-text available via subscription   (Followers: 3)
Contextus - Revista Contemporânea de Economia e Gestão     Open Access   (Followers: 1)
Contributions to Political Economy     Hybrid Journal   (Followers: 5)
Corporate Communications An International Journal     Hybrid Journal   (Followers: 7)
Corporate Philanthropy Report     Hybrid Journal   (Followers: 2)
Corporate Reputation Review     Hybrid Journal   (Followers: 4)
Creative and Knowledge Society     Open Access   (Followers: 10)
Creative Industries Journal     Hybrid Journal   (Followers: 9)
CRIS - Bulletin of the Centre for Research and Interdisciplinary Study     Open Access   (Followers: 1)
Crossing the Border : International Journal of Interdisciplinary Studies     Open Access   (Followers: 4)
Cuadernos de Administración (Universidad del Valle)     Open Access   (Followers: 2)
Cuadernos de Economía     Open Access   (Followers: 2)
Cuadernos de Economia - Latin American Journal of Economics     Open Access   (Followers: 2)
Cuadernos de Estudios Empresariales     Open Access   (Followers: 2)
Current Opinion in Creativity, Innovation and Entrepreneurship     Open Access   (Followers: 10)
De Economist     Hybrid Journal   (Followers: 12)
Decision Analysis     Full-text available via subscription   (Followers: 10)
Decision Sciences     Hybrid Journal   (Followers: 18)
Decision Support Systems     Hybrid Journal   (Followers: 16)
Defence and Peace Economics     Hybrid Journal   (Followers: 16)
der markt     Hybrid Journal   (Followers: 1)
Desenvolvimento em Questão     Open Access  

        1 2 3 4 5 6 | Last

Journal Cover Decision Sciences
  [SJR: 1.586]   [H-I: 82]   [18 followers]  Follow
   Hybrid Journal Hybrid journal (It can contain Open Access articles)
   ISSN (Print) 0011-7315 - ISSN (Online) 1540-5915
   Published by John Wiley and Sons Homepage  [1592 journals]
  • Human Behavior in Project Portfolio Selection: Insights from an
           Experimental Study
    • Authors: Sebastian Schiffels; Thomas Fliedner, Rainer Kolisch
      Abstract: Choosing the right subset from a set of candidate projects is a key driver of success and failure in new product development (NPD). In many cases, managers make these decisions based on intuition or simple rules. We investigate how human decision makers act in the context of project portfolio selection conducting experimental studies based on the knapsack problem. We address the question about which decision rules people apply to select a portfolio and how cognitive limitations influence their selection process. Grounded in portfolio selection practice, we investigate subjects' adherence to four heuristics. Decision making is partially explained by adherence to one simple decision rule, but decision makers' cognitive capacity limits the application of this heuristic. Subjects' cognitive deficits can be avoided by offering basic decision support, thereby increasing their heuristic adherence and their performance. 
      PubDate: 2018-02-21T05:55:34.750548-05:
      DOI: 10.1111/deci.12310
  • Stage-Gate Contracts to Screen Agents with Inside Information
    • Authors: Chunlin Wang; Glen Schmidt, Bo der Rhee
      Abstract: Stage-gate contracts are common in R&D projects, and outsourcing of R&D (from a principal to an agent) is becoming more prevalent. We explore how the principal can best formulate an outsourcing contract when the agent's effort is unobservable (moral hazard) and the agent has inside information (adverse selection) in a stage-gate setting with two distinct stages. We find that the Stage-Gate contract can help offset the information asymmetry and that the agent pays an upfront buy-in.
      PubDate: 2018-02-09T04:20:46.620347-05:
      DOI: 10.1111/deci.12308
  • Corporate Social Responsibility (CSR) Issues in Supply Chain Competition:
           Should Greenwashing Be Regulated'
    • Authors: Ho Cheung Brian Lee; Jose M. Cruz, Ramesh Shankar
      Abstract: Corporate Social Responsibility (CSR) has been treated as an instrument to differentiate firms in a competitive market. However, due to the credence good nature of CSR, when considering product quality dimension, firms can only signal their quality through advertising or labeling. These signaling mechanisms may be exploited by some dishonest firms who claim to be green (“greenwashing”). Many critics argue that greenwashing needs to be regulated because it deceives the market and discourages firms from going genuinely green. In this article, instead of focusing on the ethical side of this issue, we try to explore the market outcome from an economic perspective. We show that regulating greenwashing may not necessarily increase the positive environmental externality of green products. In particular, even if greenwashing is regulated, firms may not act green when the additional CSR cost is too high or when the corresponding CSR issue is not as important. On the other hand, we find that allowing greenwashing may incentivize some firms to go genuinely green as long as there are some informed customers in the market.
      PubDate: 2018-01-12T05:17:06.399788-05:
      DOI: 10.1111/deci.12307
    • Pages: 1 - 3
      PubDate: 2018-02-19T00:36:42.686224-05:
      DOI: 10.1111/deci.12286
    • Pages: 4 - 6
      PubDate: 2018-02-19T00:36:40.04148-05:0
      DOI: 10.1111/deci.12309
  • How Do Delivery Variety Decisions Contribute to Sales' An Empirical
           Study on Demand and Supply Integration
    • Authors: Xiang Wan; Martin E. Dresner, Philip T. Evers
      Abstract: This study empirically assesses the value of decisions on offering delivery variety (the number of different methods of truck transport used to deliver products to buyers). Rooted in the literature on demand and supply integration, we develop the relationship between delivery variety decisions and sales through the mediating role of unit fill rate. We find that a decision to increase delivery variety will indirectly improve sales through the mediating role of the fill rate. Furthermore, our results suggest that decisions on order variety (the number of ordering methods offered to buyers) moderates this mediation effect. A decision to increase order variety enhances the benefits of delivery variety. We estimate our models using archival data including deliveries, order fulfillment, sales records, and other operational data over three years. When the number of delivery methods increases from 1 to 3, fill rates increase by 1.22% and sales increase by 15.39%, and when the number of order methods increases from 1 to 4, the impact of delivery variety on fill rates increases by an additional 0.39% and on sales by an additional 4.68%. These findings provide empirical support for the integration of demand and supply associated with decision making in supply chains and underscore the need for top management to consider the complementary benefits of delivery variety and order variety on order fulfillment and sales.
      PubDate: 2017-12-22T11:35:31.262179-05:
      DOI: 10.1111/deci.12301
  • Effects of Customers' Environmental Awareness and Environmental
           Regulations on the Emission Intensity and Price of a Product
    • Authors: Ramzi Hammami; Imen Nouira, Yannick Frein
      Abstract: We study the effects of customers' environmental awareness (CEA) and environmental regulations on the emission intensity and price of a product with a price- and carbon emission-sensitive demand. First, we consider a continuous setting where the production policy can be adjusted to reach any desired level of emission intensity while considering either a carbon tax or a carbon cap policy. Second, we consider a discrete framework where each production policy is defined by a given amount of emission intensity, a unit production cost, and a fixed investment cost. Under both settings, we study the joint effect of CEA and environmental regulations on a firm's optimal policy. We compare the customer-driven model (when demand is sensitive to price and emissions but without a carbon tax) to the taxation-only model (when a carbon tax applies but demand is only sensitive to price).Our main results indicate that CEA is an efficient driver for better environmental performance, acting as a substitute for a carbon tax but, unlike a carbon tax, leading to a lower price for the customers. In addition, we demonstrate that the nonmonotonous effect of a carbon tax on production policy selection, which is a known result in the literature, is no longer valid if one considers CEA. From a social welfare perspective, we show that simultaneously increasing the carbon tax and CEA generally leads to a reduction of social welfare. We perform robustness tests and show that most of our findings are valid under different assumptions regarding demand and cost functions.
      PubDate: 2017-12-15T06:56:36.435649-05:
      DOI: 10.1111/deci.12302
  • Quick Response in Supply Chains with Stochastically Risk Sensitive
    • Authors: Tsan-Ming Choi; Juzhi Zhang, T. C. Edwin Cheng
      Abstract: Quick response is a supply chain practice that can help improve operations by responding quickly to market changes. In particular, when retailers are perfectly rational and risk neutral, quick response is known to be a highly beneficial strategy to the retailers. However, in practice, retailers may possess different kinds of unstable risk preferences, which include risk-averse and risk-seeking attitudes. Thus, retailers may be stochastically risk sensitive. In this article, we consider all these factors simultaneously and explore how the retailer's stochastic risk preference affects the values of quick response to the supply chain and its members. Among various findings, we show that quick response is always beneficial to the supply chain when the retailer is stochastically risk sensitive. In most cases, we demonstrate that if the retailer is more risk averse (risk seeking) stochastically, the retailer is benefited more whereas the manufacturer suffers a smaller profit loss (a bigger profit loss) under quick response. We prove that different commonly used supply chain contracts can achieve robust Pareto improvement in the supply chain. We also uncover that if the manufacturer ignores the retailer's stochastic risk preference, the achievability of Pareto improvement by contracts will be negatively affected.
      PubDate: 2017-12-07T06:08:37.06017-05:0
      DOI: 10.1111/deci.12303
  • Intentions to Comply Versus Intentions to Protect: A VIE Theory Approach
           to Understanding the Influence of Insiders’ Awareness of Organizational
           SETA Efforts*
    • Authors: A. J. Burns; Tom L. Roberts, Clay Posey, Rebecca J. Bennett, James F. Courtney
      Abstract: In contemporary organizations, the protection of an organization's information assets is reliant on the behavior of those entrusted with access to organizational information and information systems (IS). Because of this reliance, organizations increasingly prioritize the training and education of employees through security education, training, and awareness (SETA) initiatives. Through expectancy theory and its central components of valence, instrumentality, and expectancy (VIE), we investigate the role of insiders’ awareness of organizational SETA efforts on two similar, yet distinct, security-related intentions: intention to comply with information security policies (ISPs) and intention to protect the organization's information assets from their threats. Not only do we show how distinct these two concepts are from a quantitative standpoint, we also demonstrate differences between insiders’ compliance and protection intentions, as well as their motivational antecedents. Moreover, we demonstrate how our powerful, yet parsimonious, model based on expectancy theory explains a significant portion of the variance in these two important concepts: 52.7% in intentions to comply with ISPs and 68.1% in intentions to protect organizational information assets. We discuss the implications of our findings for research and practice and offer future research opportunities.
      PubDate: 2017-12-07T06:01:46.332137-05:
      DOI: 10.1111/deci.12304
  • Coordinated Pricing Analysis with the Carbon Tax Scheme in a Supply Chain*
    • Authors: Xin Ma; William Ho, Ping Ji, Srinivas Talluri
      Abstract: The carbon tax is a cost-efficient scheme to curb emissions, and it has been implemented in Australia, British Columbia, and other places worldwide. We aim to analyze its effect on dynamic pricing in a supply chain with multiple suppliers and one manufacturer. The profit-maximizing manufacturer makes final products using raw materials from suppliers with heterogeneous prices and emission rates. A two-stage game model is built over an infinite time horizon for this issue. In the first stage, suppliers face price-dependent demand to set their prices and production rates under the constraint of inventory capacity. Then, in response to the carbon tax scheme, the manufacturer evaluates the procurement prices and emission rates of suppliers to control its emission volumes and sets the sales price of its product. This article predominately focuses on the optimal pricing strategies in a decentralized supply chain. The open-loop equilibrium and Markovian Nash equilibrium for the dynamic pricing game models of both suppliers and the manufacturer are derived, respectively. The equilibrium prices of suppliers and the manufacturer can be solved based on both irreversible actions and real-time states. These two types of equilibria can be regarded as the solutions of two different models in specific situations. To analyze the effect of sourcing diversity on pricing strategies and emissions control for the manufacturer, the more general equilibrium price for the manufacturer in an n-suppliers oligopoly is studied. Numerical examples are presented to illustrate the equilibrium and its monotonicity with various parameter settings.
      PubDate: 2017-12-07T04:36:47.902366-05:
      DOI: 10.1111/deci.12297
  • Optimal Outsourcing Strategies When Capacity Is Limited
    • Authors: Salar Ghamat; Hubert Pun, Xinghao Yan
      Abstract: Outsourcing the production of selected components to competitors is becoming more common among original brand manufacturers (OBMs); however, OBMs’ increased attention to outsourcing and the growing demand in many markets can result in capacity allocation conflicts for the contract manufacturers. In this study, we consider a scenario in which the OBM decides whether to outsource to a third-party supplier or to a competitive contract manufacturer (CCM) who has the option of producing a competing product and also has limited capacity. This setting consists of two levels of competition: competition in the component market between the CCM and the spot market, and competition in the final-product market between the OBM and the CCM. The CCM first chooses the wholesale price and decides whether or not to sell a competing product to the customers. Next, the OBM decides the proportion of its component demand to outsource to the CCM, and then firms set the retail prices. We are interested to investigate the impacts of the CCM's capacity and the impacts of these two levels of competition. We show that the OBM might multisource its component demand only when competition in the final-product market is intense. We also find that when CCM's capacity increases, demand may decrease while the retail price may increase. Moreover, the CCM can be worse off from having more capacity, even when CCM's capacity is available for free. Our results also show that demand may increase when competition in the final-product market becomes more intense. Finally, we find that the value of having a third-party supplier to produce the component decreases amid the intensity of competition in the final-product market.
      PubDate: 2017-11-28T05:21:33.218335-05:
      DOI: 10.1111/deci.12298
  • An Examination of the Relationship between Intellectual Capital and Supply
           Chain Integration in Humanitarian Aid Organizations: A Survey-Based
           Investigation of Food Banks
    • Authors: Cigdem Ataseven; Anand Nair, Mark Ferguson
      Abstract: Food banks are humanitarian aid organizations that collect, organize, and deliver food to nonprofit member agencies and also to individuals to help alleviate the society's hunger problem. The supply chain of food banks is characterized by private sector companies, individual donors and governmental agencies providing monetary support and food inventory on the supply side, and the member agencies such as food pantries, soup kitchens, shelters, and volunteers delivering support on the demand side. Within the purview of this supply chain, food banks strive to improve their performance, which is commonly measured in terms of the amount of food delivered to the communities in need. Food banks rely on managerial talent that is relatively more constrained than private sector and also use voluntary workforce for attaining their performance goals. Considering the unique yet pertinent role of human assets in food banks to manage their supply chain integration initiatives, we employ an intellectual capital framework to analyze the human, organizational, and social capital antecedents of supply chain integration in food banks. Specifically, we suggest that intellectual capital drives supply chain integration in humanitarian organizations. Moreover, we propose specific relationships between the dimensions of intellectual capital. A carefully crafted survey is used to inform our results. The results indicate that human capital significantly impacts social capital, which, in turn, drives all supply chain integration dimensions. We discuss the implications of our findings for managing intellectual capital in the not-for-profit sector and offer directions for future research.
      PubDate: 2017-11-23T04:10:27.738423-05:
      DOI: 10.1111/deci.12300
  • Single-Versus Two-Opportunity Price Postponement and Ordering Strategies
           of a Seasonal Product
    • Authors: Avi Herbon
      Abstract: We compare two strategies of ordering and pricing postponement for a seasonal product. In the single-opportunity strategy, the retailer orders all base-stock prior to the beginning of the season and sets the price when the season begins and demand information becomes available. In the two-opportunity strategy, the retailer orders only some of her stock before the season, and places an additional order after the season starts; the second-order quantity and the prices for each quantity of base-stock are determined according to currently available demand information. The latter strategy can accommodate unexpected demand changes that occur late in the selling season. We provide sufficient conditions in which the two-opportunity strategy is preferable to the single-opportunity strategy. Each problem is analyzed using a multistage programming approach, and optimal prices as well as optimality conditions for the different base-stock levels are obtained. In contrast to previous studies, our model addresses the effect of the timing of the arrival of the second order and accounts for holding costs over time as well as a reputation penalty associated with lost sales. Moreover, it does not ignore fixed costs associated with order placement and processing of demand information. A numerical example and sensitivity analysis of the key parameters show that the ratio between the optimal expected profits obtained under the single-opportunity strategy and under the two-opportunity strategy is lower for higher values of the holding costs or reputation penalty. Moreover, the ratio is higher for later splitting points as well as for higher fixed costs.
      PubDate: 2017-11-23T03:56:58.202777-05:
      DOI: 10.1111/deci.12299
  • Contract Design in Processing Trade
    • Authors: Paolo Letizia
      Abstract: Processing trade may involve buyers contracting with foreign producers to process and assemble intermediate inputs into a final product. The buyer may decide to either contractually control or delegate quality provision for his products. Quality control seems the obvious choice, especially in settings where the producer's production capability is not observable. Correspondingly, the traditional framework based on information asymmetry assigns no value to quality delegation, as the buyer's profits attained by contractually controlling quality can match those of any delegation arrangement. However, in practice, western buyers may also opt for delegating rather than controlling quality provision to their Chinese producers, which creates the need for a theoretical extension of the previous framework. In this article, we enrich the framework of information asymmetry by including expertise asymmetry, which reflects the producers' superior expertise in the production process. With expertise asymmetry, delegating quality may be beneficial as it allows the producer to leverage on his superior expertise and ultimately take more efficient quality decisions.
      PubDate: 2017-11-15T23:25:44.224371-05:
      DOI: 10.1111/deci.12296
  • Triggering Insight: Using Neuroscience to Understand How Priming Changes
           Individual Cognition during Electronic Brainstorming
    • Authors: Randall K. Minas; Alan R. Dennis, Robert F. Potter, Rasha Kamhawi
      Abstract: We build on prior theory and research on electronic brainstorming to examine how achievement priming influences individual cognition leading to changes in individual behavior and ultimately team performance. We conducted a repeated measures experiment using electroencephalography with 53 subjects performing two brainstorming tasks. We found that priming altered cognition in the left and right regions of the frontal cortex; that is, achievement priming triggered cognition in areas of the brain related to creative and insightful cognition while the placebo treatment led to cognition in areas related to language production. Thus, priming did not induce “more” cognition, but rather triggered changes in the nature of cognition that led to significantly more ideas and more ideas that were highly novel, workable, and relevant. This study makes two contributions: it shows one theoretical pathway by which achievement priming works; and it show that priming using pictures improves idea generation.
      PubDate: 2017-11-06T07:06:47.878177-05:
      DOI: 10.1111/deci.12295
  • Observation versus Perception in the Conceptualization and Measurement of
           Participation Equality in Computer-Mediated Communication
    • Authors: Roberto J. Mejias; Bruce A. Reinig, Alan R. Dennis, Scott B. MacKenzie
      Abstract: Participation equality, a prominent construct that has received much attention in group decision-making research, has been studied with both perceptual and objective measures. Yet, research findings regarding participation equality have been inconsistent and equivocal. We argue that one reason for this inconsistency is how participation equality has been conceptualized and measured. In some studies, researchers have theorized and measured participation equality using observed behavior. In other studies, researchers have theorized and measured participation equality using perceptual measures. We conducted an experiment to investigate the similarities and differences between these two measures. Our results indicate that (1) perceived participation equality (PPE) and observed participation equality (OPE) are theoretically separate and distinct constructs that (2) affect and are affected by other constructs in different ways within their nomological network. OPE and PPE were more different than they were similar, sharing only 10.8% of their variance. In other words, perceptions of participation equality were predominantly influenced by factors other than observed behaviors related to participation equality. We believe that these results call for more theory and research regarding the differences between observed behavior and perceptions of behavior in group decision making. As we move into new computer-mediated communication technologies such as Web Conferencing, Virtual Reality, and Enterprise Social Media that enable new forms of participation, we need to consider what constitutes participation and how new forms of participation should be measured and evaluated. In the large group environments of Enterprise Social Media, the differences between OPE and PPE are likely to become more pronounced.
      PubDate: 2017-10-29T22:20:28.823392-05:
      DOI: 10.1111/deci.12292
  • The Impact of Control and Complexity on Supply Network Performance: An
           Empirically Informed Investigation Using NK Simulation Analysis
    • Authors: Ilaria Giannoccaro; Anand Nair, Thomas Choi
      Abstract: Control over suppliers is a core issue for a buying firm. Despite the amount of research on the topic, how much of its supply network (i.e., scope of control) a buying firm should control, so as to increase supply network performance, is a question that has not received adequate research attention. The study addresses this research question by considering the supply network as a complex adaptive system and developing an empirically informed agent-based simulation model using the NK fitness landscape framework, to examine how varying levels of scope of control influence supply network performance. We also investigate the direct effect of two supply network complexity dimensions (i.e., number of firms and level of supply interactions) on supply network performance and the moderating effect played by the scope of control. Results show that the relationship between scope of control and supply network performance follows an inverted-U shape. Furthermore, we find that the complexity dimensions negatively affect supply network performance with the performance decrease depending on the scope of control. Based on these findings, we formulate different control strategies to mitigate the negative influence of complexity.
      PubDate: 2017-10-10T00:16:24.603587-05:
      DOI: 10.1111/deci.12293
  • The Influences of Media, Power, and Male Communication on Concession
           Making by Females during Negotiations
    • Authors: Norman A. Johnson; Randolph B. Cooper, Richard D. Holowczak
      Abstract: Research indicates that females' economic negotiated outcomes are generally worse than those of males. However, this research has also noted several circumstances when females' economic outcomes are at least as good as those of males. In the present study, we explore this equivocal pattern of outcomes with a focus on concessions that females make as they negotiate with males over two media, audio and instant messaging (IM). We proposed and tested a model to explain these concessions and how they are influenced by elements of the negotiation context, including the medium, resource power, and the degree that positive affect is communicated by males to females. Our predictions are based on role congruity theory. We predicted and found that females tend to have poorer economic negotiated outcomes due to greater concession making when they use an audio rather than IM media and when they have more resource power. In addition, we found that females tend to fare poorer economically with the combination of having more resource power and negotiating using audio, than would be expected based on the simple sum of the effects of resource power and using audio. Finally, we found that when females have resource power and positive affect is communicated by their male partners, females tend to fare better economically. These findings suggest choices that both females and males can make so as to enhance their economic outcomes. For example, when they can choose the negotiation medium, females should choose to negotiate over IM rather than audio, while males should choose audio rather than IM.
      PubDate: 2017-08-25T11:00:25.335155-05:
      DOI: 10.1111/deci.12282
  • ERP System versus Stand-Alone Enterprise Applications in the Mitigation of
           Operational Glitches
    • Authors: Antti Tenhiälä; M. Johnny Rungtusanatham, Jason W. Miller
      Abstract: Business function-specific stand-alone enterprise applications (SEAs) are displacing functionally integrated enterprise resource planning (ERP) systems, despite strong empirical support for the business benefits of the latter. This study explores the conditions under which it may be more effective to use a set of SEAs instead of a single-suite ERP system, and vice versa. Based on Organizational Information Processing Theory, we expect differences in effectiveness to grow in prominence when the uncertainty of the operating environment increases, that is, when operational glitches in production processes become more frequent. Extending the existing literature, we postulate that high functional differentiation is a precondition for SEAs to be more effective than an ERP system, hypothesizing that the level of functional interdependence ultimately determines which type of software is superior for a given production process. We test our hypotheses using data collected from 163 make-to-order (MTO) production processes nested within 73 manufacturing plants and seven supply chains of complex, high-tech machinery. Results show that when functional interdependence is low, the negative effect of operational glitches on delivery performance is effectively mitigated in MTO production processes wherein process-related information is managed predominantly using SEAs; conversely, when functional interdependence is high, using an ERP system is more effective. Our findings offer practical guidelines as to when to use SEAs versus an ERP system while also integrating and updating the findings of earlier empirical research, in which each has been analyzed separately.
      PubDate: 2017-07-21T02:01:16.825235-05:
      DOI: 10.1111/deci.12279
  • Wholesale Price Auctions for Dual Sourcing under Supply Risk
    • Authors: He Huang; Zhipeng Li, Hongyan Xu
      Abstract: Wholesale price bids commonly occur in procurement auctions where dual sourcing is usually employed to mitigate supply risks. When at most two winners are required, unreliable wholesale price bidders face the unique trade-off between unit margin and quantity allocation that depends on both winners' bids and the reliabilities. Motivated by above facts and considerations, we investigate several auction formats accommodating wholesale price bids for dual sourcing under newsvendor market, with unreliable suppliers possessing private costs. Generalized first-price auction (GFA) is designed under known cost distribution, while generalized English auction (GEA) and optimal auction with learning (OAL) are examined under unknown distribution. Through a preannounced allocation rule to curb the bidding behavior, both GFA and OAL balance information rent and quantity allocation and generate various diversification degrees. Information asymmetry under GFA depresses the quantity proportion for high-cost winner, because he charges higher unit information rent than low-cost winner does. In contrast, two winners in GEA collude at the same price and thus split the order quantity evenly. The full diversification possibly enables GEA to generate higher service level than GFA under high supply risk, although the expected output quantity of GEA is always lower. Regarding the practical requirement for auction format choice, when the costs of implementation and distribution acquisition are not negligible, the previous analysis suggests that the favorable format is driven from GFA or OAL to GEA, as supply risk or the number of bidders increases, or as retail price exceeds a threshold. We also extend to multisourcing cases and examine the impacts of salvage and lost sale on auction format choice.
      PubDate: 2017-07-14T02:55:29.222219-05:
      DOI: 10.1111/deci.12281
  • Knowledge Integration and Team Effectiveness: A Team Goal Orientation
    • Authors: Anju Mehta; Nikhil Mehta
      Abstract: Knowledge integration is critical to achieving both objective and subjective team effectiveness goals. Integrating knowledge resources, however, is a challenging activity for teams. Converging the theories of team goal orientation and knowledge integration, in this study we examine how team goal orientation impacts a team's internal knowledge integration; and how knowledge integration, in turn, affects multiple dimensions of team effectiveness. Data were collected from 90 self-directed teams engaged in an extended business simulation, where each team acted as a top management team of a business firm. Results indicated that both learning and performance-prove goal orientations positively influenced team knowledge integration, and knowledge integration impacted both objective and subjective dimensions of team effectiveness. We also found partial support for a mediating role of internal knowledge integration. The study recommends a goal orientation approach to integrating knowledge in teams and proposes that this approach has significant implications for both research and practice.
      PubDate: 2017-07-04T22:30:35.284271-05:
      DOI: 10.1111/deci.12280
  • Evaluation of Order Fulfillment Options in Retail Supply Chains
    • Authors: Rafay Ishfaq; Uzma Raja
      Abstract: Retailers face a major operational challenge in fulfilling online orders while managing their traditional store-based distribution processes. In this context, the following order fulfillment options available to retailers are considered: store-facing distribution centers (DCs), dedicated order fulfillment facilities (DTC), retail stores, and direct-fill by vendors. A framework for the online order fulfillment process is developed to evaluate these options using operational and financial measures collected from a large U.S. retailer. The study presents managerial insights regarding each fulfillment option and identifies operational and cost thresholds where a particular fulfillment option would be preferred. The results show that due to better order fulfillment efficiency, distribution facilities (DC and DTC) out-perform fulfillment from stores and vendors. However, retailers can leverage their network of stores to overcome the shortfall in store-based fulfillment costs by focusing on the order delivery process. The analysis presented in this article is useful for practice as it helps retailers identify options that best suit their order fulfillment strategy.
      PubDate: 2017-06-02T02:10:47.511164-05:
      DOI: 10.1111/deci.12277
  • Responding to Shipment Delays: The Roles of Operational Flexibility &
           Lead-Time Visibility
    • Authors: Aditya Jain
      Abstract: We consider inventory management of a firm that orders periodically from a distantly located supplier and faces random delays in shipment. We analyze various response strategies that the firm may employ to mitigate the risk of demand–supply mismatch resulting from shipment delays. We categorize these strategies along two dimensions: operational flexibility, defined by the flexible resource employed; and lead-time visibility, defined by the availability of information on shipment delays. For each of the response strategies, we provide analytical characterization of the optimal inventory policy. By comparing the optimal policies across response strategies, we offer insights into the effect of operational flexibility and lead-time visibility on firm's inventory performance. Using an extensive set of numerically solved examples, we provide cost comparison across these strategies—we show that while the operational flexibility mitigates the adverse effect of long lead-times, the lead-time visibility provides protection from lead-time uncertainty. Further, operational flexibility and lead-time visibility enhance each other's values, hence must be employed together to gain their full benefits.
      PubDate: 2017-05-12T01:24:34.169862-05:
      DOI: 10.1111/deci.12272
  • Optimal Pricing and Replenishment of an Expiring Inventoried Product under
           Heterogeneous Consumer Sensitivities
    • Authors: Avi Herbon
      Abstract: Efficient pricing and replenishment decisions have the potential to yield significant increase in revenues. A widespread assumption in existing models of expiring inventories is that consumers are homogeneous in their sensitivities towards the factors that influence demand. Yet, there are numerous scenarios in which consumers may vary in terms of their sensitivities. In addition, most of the current literature addresses expiring inventories for which the perceived quality deteriorates over time, while models of perishables for which the quality remains stable over time (e.g., electronic devices) or increases (e.g., green bananas, or wine) have rarely been suggested. We analytically analyze a joint pricing and replenishment optimization model that aims to maximize the retailer's profit and is general enough to consider these three types of expiring inventories, as well as heterogeneity in consumer sensitivities. In particular, our model considers the effects of remaining shelf-life, price and perceived quality on demand. We obtain the optimal price given any cycle length and derive the FOC (first order condition) for obtaining the optimal cycle length. By numerical study, we show that the seller might gain significant profits in cases where consumers are highly heterogeneous either in their sensitivity to price or in their sensitivity to perceived quality. In contrast, the results indicate that the seller might lose significant profits (up to 16%) when consumers are highly heterogeneous in their sensitivity to expiration. Unexpectedly, the optimal price consumers pay is, in general, only moderately affected by the heterogeneity in consumer sensitivity.
      PubDate: 2017-05-12T00:24:03.556898-05:
      DOI: 10.1111/deci.12276
  • Return Time Leniency in Online Retail: A Signaling Theory Perspective on
           Buying Outcomes
    • Authors: Shashank Rao; Kang Bok Lee, Brian Connelly, Deepak Iyengar
      Abstract: Merchandise return policies (MRPs) have long been an important area of interest for operations and supply chain management researchers, who have identified some key advantages and disadvantages of offering comprehensive and convenient return policies. However, there is a lack of rigorous scholarship on one key dimension of MRPs—return time leniency. Understood as the amount of time that buyers have within which to return purchased items, return time leniency is often considered one of the leading indicators of a retailer's MRP friendliness. In the current study, we extend prior work on MRPs by introducing a signaling theory perspective to return time leniency. This allows us to develop a more nuanced interpretation of the underlying economics associated with extending the window of time during which returns are accepted. We do so by positioning our study in a retail context where such issues are highly important to consumers—online retail.
      PubDate: 2017-05-05T02:50:26.948211-05:
      DOI: 10.1111/deci.12275
  • How Unequal Perceptions of User Reviews Impact Price Competition
    • Authors: Pelin Pekgün; Michael R. Galbreth, Bikram P. Ghosh
      Abstract: When a consumer cannot fully assess her valuations of competing products prior to purchase, she must make a purchase decision based on imperfect product information. However, with the advent of online channels for widely disseminating individual user reviews, consumers are now able to learn from the experiences of others and update their expectations regarding product valuations. We analyze the interaction of user reviews and experience uncertainty, with a specific focus on the potential for negative and positive reviews to be weighted differently in a consumer's assessment of the valence of the posted reviews. We find that overweighting of negative reviews by consumers can lead to surprising results in terms of pricing and profits in a competitive context. In particular, if consumer awareness is higher for the lower quality product, it can charge higher prices and realize higher profits in equilibrium than its higher quality competitor when consumers are strongly influenced by negative reviews. We also show that a higher weighting on positive reviews by consumers always helps the firm with a lower consumer awareness. 
      PubDate: 2017-04-20T06:51:09.525835-05:
      DOI: 10.1111/deci.12273
  • The Impact of Decision Types on Revenue Management Decisions: An
           Experimental Study
    • Authors: Ayşe Kocabıyıkoğlu; Celile Itır Göğüş, Mert Hakan Hekimoğlu
      Abstract: In the standard two-class revenue management model, the decision maker allocates a fixed resource between two customer classes with hierarchical prices and uncertain demand. The normative (i.e., expected revenue-maximizing) allocation is given by Littlewood's Rule, but little is known about how decision makers actually form these decisions. We report results of an experimental study that investigates revenue management decision-making. We find that subjects' behavior is influenced by the decision type. In particular, our subjects reserve more units for the high-end segment when they are asked to set the protection level (the number of units to set aside for the higher priced class) compared to when they set the booking limit (the number of units available for the lower priced class). We propose that this behavioral pattern can be explained by our subjects’ different valuations of revenues from the high- and low-end sales. We also observe that when there is a change in segment prices, although decision makers adjust allocations in the direction suggested by normative theory, the magnitude of adjustments is greater (and hence closer to the normative level) when the source of the price change matches the class whose allocation they determine.
      PubDate: 2017-03-03T06:05:37.140551-05:
      DOI: 10.1111/deci.12270
  • Conceptualizing Wise Management Decision-Making: A Grounded Theory
    • Authors: Ali Intezari; David J. Pauleen
      Abstract: This article investigates the role of wisdom in management decision-making. In one of the first empirical studies investigating wisdom and management, 37 CEOs, top managers, and senior executives were interviewed about their perspectives on the concept of wisdom in the business context and its role in management decision-making; the data were analyzed using grounded theory methodology. The findings introduce a grounded construct of Wise Management Decision-making, in which wise decision-making is understood as an integrated cogni-emotional, reflective process that accounts for internal and external conditions related to the decision, which is made with the well-being of the greatest number of stakeholders in mind. The findings both confirm and challenge previous conceptual studies of wisdom and provide a practical approach to wise management decision-making. The implications of this study are significant as they broaden the view of the practicability of wisdom in management and add greater understanding of the complex nature of decision-making in the business context. For managers, developing wise decision-making abilities in situ should be considered an integrated and multidimensional practice, one that can be learned.
      PubDate: 2017-02-20T22:00:31.839643-05:
      DOI: 10.1111/deci.12267
  • Competition under Diseconomies of Scale: The Role of Subcontracting and
           Single-Sourcing Commitment
    • Authors: Lusheng Shao
      Abstract: This article studies a supplier competition model in situations with flexible resources where suppliers face diseconomies of scale. Under such a situation, it is generally believed that a buyer may split an order across different suppliers; and even if the buyer chooses only one supplier, the winning supplier may subcontract part of the work to the others. My results, however, show that the buyer always prefers to commit to single-sourcing prior to running a procurement auction. This is because such commitment eliminates the “assurance” of getting a positive order from the buyer, thus intensifying supplier competition. I also find that subcontracting may be beneficial (detrimental) to the buyer if the subcontract is determined by the winning (losing) supplier of the bidding game. Finally, I show that, for the case with linear costs, the buyer is always better off when subcontracting is considered.
      PubDate: 2017-02-06T20:40:41.673199-05:
      DOI: 10.1111/deci.12268
  • Leadership, Dominance, and Preeminence in a Channel Structure with a
           Common Retailer
    • Authors: Fang Fang; Haresh Gurnani, Harihara Prasad Natarajan
      Abstract: As firms embrace collaborative principles, partners of varying strengths and standing are coming together to deliver products effectively to consumers. In a two-tier collaborative channel, a partner's relative standing is manifest in the order in which wholesale and retail prices are determined; in turn, standing influences a partner's ability to achieve profits. We propose a framework, based on two factors that specify the strength of partners across channel tiers (channel leadership) and within a tier (echelon dominance) and together determine a partner's standing in the pricing process, to effectively study various channel strength scenarios. Our analysis of Stackelberg games corresponding to these scenarios reveals interesting insights regarding the impact of channel leadership and echelon dominance, both individually and jointly. For instance, we show that the presence of a dominant player in the upstream manufacturing tier benefits both the dominant and the weak manufacturers. The leadership-dominance framework also allows us to study the effect of a retailer's sequencing of its pricing of the two manufacturers’ products. By embedding the retailer's timing choices in channel strength scenarios, we find that both retailer and weak manufacturer prefer that the retailer set prices for the two products simultaneously; in contrast, the echelon-dominant manufacturer benefits from the retailer sequentially pricing the manufacturers’ products. Our analysis also covers preeminent channel leaders that control both wholesale and retail prices, finding that preeminent partners achieve significant gains and consumers benefit from low retail prices. Moreover, the weak manufacturer benefits from the presence of a preeminent manufacturer.
      PubDate: 2017-01-30T01:46:05.431072-05:
      DOI: 10.1111/deci.12266
  • Contract Design with Information Asymmetry in a Supply Chain under an
           Emissions Trading Mechanism
    • Authors: Xin Ma; William Ho, Ping Ji, Srinivas Talluri
      Abstract: We aim to design an appropriate sourcing mechanism with information asymmetry in a supply chain with one manufacturer and multiple suppliers subject to an emissions trading scheme. The manufacturer purchases raw materials from suppliers, who hold private information regarding the green degree—that is, the unit emission rates—of their raw materials. An appropriate strategy must be adopted by the manufacturer for the contract design, including a series of payments and the order quantities; the suppliers are subsequently invited to bid for the contracts. The basic model is formulated to assist the manufacturer in designing a reasonable contract for a single supplier. The characteristics of the optimal order quantity and payoff functions of both the manufacturer and supplier are analyzed. A competitive procurement scenario with multiple suppliers is also discussed. With respect to the diversity of auctions, three different auction types are analyzed, including a green degree auction, a price auction with emissions targets, and a performance-based auction. In addition, an efficient emissions trading policy is established to guide manufacturers regarding how to balance their emission allowances based on the optimal order quantities. Our approach provides an effective decision support system for both the manufacturer and suppliers.
      PubDate: 2017-01-26T03:50:37.027107-05:
      DOI: 10.1111/deci.12265
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